LiLz, a developer of explosion-proof IoT cameras, has completed a Series B round of financing totaling approximately 590 million yen through a third-party allotment of new shares, bringing the total amount of financing raised to date to approximately 1 billion yen. The company plans to promote the development and mass production of explosion-proof IoT cameras, which are in high demand in chemical plants and gas refineries.
Source : https://prtimes.jp/main/html/rd/p/000000041.000042105.html